Anglo American plc (AAL) Earns “Neutral” Rating from Macquarie
Macquarie reissued their neutral rating on shares of Anglo American plc (LON:AAL) in a research note published on Tuesday. They currently have a GBX 1,250 ($16.43) price target on the mining company’s stock.
Several other analysts have also recently commented on the stock. Liberum Capital restated a sell rating and issued a GBX 750 ($9.86) target price on shares of Anglo American plc in a research note on Wednesday, August 30th. HSBC Holdings plc restated a buy rating and issued a GBX 1,250 ($16.43) target price on shares of Anglo American plc in a research note on Friday, July 21st. Canaccord Genuity restated a buy rating and issued a GBX 1,650 ($21.69) target price on shares of Anglo American plc in a research note on Friday, July 21st. Deutsche Bank AG restated a hold rating and issued a GBX 1,000 ($13.15) target price on shares of Anglo American plc in a research note on Friday, July 28th. Finally, J P Morgan Chase & Co raised their target price on shares of Anglo American plc from GBX 1,600 ($21.04) to GBX 1,670 ($21.96) and gave the stock an overweight rating in a research note on Tuesday, September 5th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of Hold and an average price target of GBX 1,331.56 ($17.51).
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The business also recently announced a dividend, which was paid on Friday, September 22nd. Investors of record on Thursday, August 10th were issued a $0.48 dividend. The ex-dividend date of this dividend was Thursday, August 10th. This represents a yield of 2.98%.
In related news, insider Philip R. Hampton bought 725 shares of the stock in a transaction that occurred on Tuesday, September 26th. The stock was purchased at an average cost of GBX 1,289 ($16.95) per share, for a total transaction of £9,345.25 ($12,286.68). Over the last 90 days, insiders purchased 749 shares of company stock valued at $965,473.
Anglo American plc Company Profile
Anglo American plc is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Its segments include De Beers, Platinum, Copper, Nickel, Niobium and Phosphates, Iron Ore and Manganese, Coal, and Corporate and other.
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